With the movement of muscles completed, Sarao officially started trading.
As time passed, he piled up the sell orders to twice the original amount, bringing the total value of malicious false short orders to US$200 million. He continued to operate his trading account like a machine with no emotion. Shuttling through small transactions.
Two hours passed in the blink of an eye. In these two hours, Sarao traded more than 62,000 orders, with the total transaction volume exceeding US$3.4 billion.
If the market rebounds, he will liquidate his position instantly!
But Sarao has the assistance of the program. He has always controlled everything. He seems dangerous but is actually as stable as a dog.
Soon, he made nearly $1 million in profit today.
As time passed, at about 7:40 pm London time and 13:40 pm Eastern Time in North America, Sarao's mother called him to go to dinner.
He shut down his computer and ended his trading for the day.
go to eat.
However, his large number of false short orders had activated panic in the market. Just one minute after Sarao turned off his computer, the S&P 500 index began to dive straight downwards and crashed -5% in 4 minutes. At the same time, Individual stocks also began to plummet.
Sarao himself had no idea that the market would usher in a catastrophic flash crash in the coming time, nor did he expect that he would set the pace and become the one who knocked down the first domino.
At 14:32 pm Eastern Time in North America, without warning and without much bad news in the market, the three major U.S. stock indexes, the S&P 500 Index, the Nasdaq Index, and the Dow Jones Index suddenly plummeted collectively.
…
In the meantime, stay in the villa quietly.
It was already late at night. Fang Hong did not sleep, but was staring at the night market. He was in Tian Jiayi's bedroom at the moment and spent the night in the beautiful assistant's room tonight.
Fang Hongzai was leaning on the bedside with a laptop on his lap, which displayed the time-sharing charts of the three major North American indexes.
"It's... it's really crashing!!" The beautiful assistant lying in his arms looked at the computer in shock. The three major stock indexes suddenly crashed collectively at about 2:30 pm Eastern Time.
Among them, the Dow Jones Index, which was the first to collapse, also fell the fastest, losing 998 points in five minutes. It also set a new historical record and created the largest intraday drop in the history of the Dow Jones Index in its 114-year history.
In just five minutes, a trillion dollars was wiped out of the market.
Tian Jiayi tilted his head and looked up at Fang Hong and found that he was extremely calm. The flash crash of the market did not cause any emotional fluctuations in him, as if it should be like this.
If in the eyes of Sarao's former colleagues, he is the god of trading "e-mini", then at this moment, in the eyes of the beautiful assistant, Fang Hong is the god of the market.
Without personally participating in the actual trading, you can strategize and win the US stock market thousands of miles away.
When the beautiful assistant looked at Fang Hong at this moment, her eyes were full of admiration. Although she was two or three years older than him, it did not hinder Tian Jiayi's admiration for her.
Speaking of which, during this period, the A-share market fell unilaterally, but the stock of Desai Battery went against the market.
In the three trading days since the holiday, Desai Battery has made three big positive lines, and its stock price has hit a record high. The three big positive lines have reached the daily limit of +9.99%, +7.41% and +7.59% respectively. Tian Jiayi’s price reached a record high on April 16. On Friday, I bought this stock according to Fang Hong's instructions and filled the position with 9.2 million yuan. Currently, I have gained a +64% return rate and made a profit of 5.88 million yuan.
Her current net worth has also soared to about 15 million, making her a multi-millionaire, and her wealth is free.
Tian Jiayi hasn’t sold it yet because Fang Hong said he would wait until it doubles after buying it.
Given the current admiration of the beautiful assistant Fang Hong, Tian Jiayi would not have any doubts when he said that the vote could be doubled.
…
At the same time, at the Qunxing Capital headquarters, a group of operators and traders responsible for operating the peripheral markets were also shocked at this moment.
Starting from 14:32 pm Eastern Time, in just 13 minutes, the three major indexes burst and collapsed. More than 75,000 short orders appeared out of thin air in the market. No one knew what happened.
No one knew who was selling, and everyone was confused.
At this moment, a trader in the trading floor suddenly couldn't help but yelled in shock with a trembling voice: "Oh my god~, Accenture collapsed! Accenture collapsed!!!"
Accenture is a leading global professional services company that provides a wide range of services in strategy and consulting, interactive, technology and operations, with digital capabilities in all of these services. The company's closing price yesterday was $42.17 per share, with a market capitalization of $300 A plate worth around 100 million US dollars.
But at this moment, the company's stock price plummeted from a price of 40 US dollars to only 0.01 US dollars. It crashed from 40 US dollars to a price of 1 cent almost instantly, with an intraday drop of -99.97%, and a market value of 30 billion US dollars. It just evaporated.
The long funds inside exploded directly on the spot!
Without even reacting, the money in the account was harvested and withdrawn...
Immediately afterwards, another trader yelled: "Procter & Gamble collapsed, P&G collapsed, $62.16 collapsed to $39.37, plummeting -36.66%, damn!"
P&G's portfolio is much larger than that of Accenture. Before the flash crash, its market capitalization was still US$170 billion, but at this moment, it only has about US$100 billion left. More than US$65 billion has evaporated, which is equivalent to two Accentures.
Just as the trader finished speaking, a trader next to him sent another "good news." For Stars Capital, the flash crash of the U.S. stock market was good news.
"Apple's stock price also collapsed, falling below $200, with an intraday drop of -22.16%!"
"3M's stock price also collapsed, falling from US$86.59 to US$67.98, a drop of -21.49%!"
“Exxon Mobil Oil Plunges -11%!”
“Johnson & Johnson plunged -7.76%!”
“Disney plunges -12.22%!”
“Cisco plunges -12.41%!”
“Nike plunges -10.93%!”
“Oracle plunges -10.92%!”
“Merck plunges -13.77%!”
“Magnesia Bank plunges -11.46%!”
“Mastercard plunges -11.27%!”
“Visa plunges -12.72%!”
“Chevron plunges -10.74%!”
…
In the trading floor, traders kept shouting that this scene could be called "good news", because the sudden collapse of these tickets meant that Star Capital made a lot of money.
"Have the positions been closed? Have the long positions been opened? Strictly follow the strategy from above!" The trader shouted excitedly, his palms and forehead were sweating wildly. He had never experienced such an exciting scene, and even more I have never traded in such an extreme market situation.
If you step on the right rhythm, you will gain blood and win. But if you step on the wrong rhythm, the polarity will be reversed, which is definitely a cardiopulmonary arrest.
Take Accenture's target, for example, the market value of US$30 billion evaporated, and the stock price collapsed from US$40 to 1 cent. It is not an exaggeration to say that the money was harvested without any reaction, and the account was cleared.
"It's flat, and the long order is also open!"
When the trader who was responsible for directing the whole field heard this report, he secretly breathed a sigh of relief. He looked at the guidance strategy of the USB disk data again, and his heart was even more shocked.
Change the source app and view the latest chapters of this book on multiple sites at the same time. 】
Because the market trend is almost exactly the same as the data guidance strategy in the USB disk, it is no exaggeration to say that I got the script in advance.
Due to factors such as regional time differences and network transmission delays, Qunxing Capital has disadvantages in trading at the physical level.
However, since it was implemented completely in accordance with Fang Hong's strategy, it was equivalent to predicting and setting the lead in advance, so the problem of delay was no longer a problem. At this moment, everyone present was shocked. The company's senior management had an incredible super boss. Strategize.
It’s simply a god-like prediction!
It sounds slow, but it actually happened in a short period of time. At the same time, the panic index on the market has exploded, and panic is spreading rapidly. From Frankfurt to Tokyo, the global financial market has fallen into chaos.
Major markets such as the stock market, foreign exchange market, bond market, and futures market have all fallen into short-term violent fluctuations.
Oil prices also began to rise sharply, as if the end of the world was coming.
…
